At a glance
AIVC charges 0.59% a year, above the 0.58% average of the 8 funds most like it (the 5th cheapest of 9). It has $126.5M in assets, the 7th largest of that group; it paid 0.11% of its price in distributions over the past 12 months, annual. Over the past year it returned +53.6% with distributions reinvested (S&P 500: +11.5%), the best of those 9 funds. Its ten largest positions make up 36.2% of the fund, out of 45 in all.
The short version
Amplify Bloomberg AI Value Chain ETF (AIVC) is an index fund that tracks the Bloomberg AI Value Chain Total Return Index: about 45 cloud, AI chip and AI hardware companies, held in equal amounts. Equal weighting kept its largest position, Micron Technology, at 4.3% as of June 30, 2026. Its 0.59% expense ratio is close to the 0.58% average of similar AI funds, but its swings are large: it lost 38.47% in 2022.
Price history
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AIVC +53.6% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| AIVC official prospectus, to Dec 31, 2024 | — | +39.42% | — | +5.48% | — | +11.18% |
| AIVC price data to Oct 27, 2026 | +60.3% | +53.6% | — | — | — | +48.7% |
- Over the year to Oct 27, 2026, AIVC returned +53.6%, 1st of 9 among similar funds.
- Its worst full calendar year was 2025 (+39.9%); its best was 2025 (+39.9%).
- The deepest fall in its price history was 32.6% (Feb 18, 2025 to Apr 8, 2025), recovered by Jul 3, 2025.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +60.3% | — |
| 2025 | +39.9% | +39.42% |
| 2024 | — | +18.45% |
| 2023 | — | +38.50% |
| 2022 | — | -38.47% |
| 2021 | — | -7.21% |
| 2020 | — | +41.29% |
| 2019 | — | +27.15% |
| 2018 | — | -17.95% |
| 2017 | — | +35.58% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Not in the price data, which starts Oct 17, 2024 |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Not in the price data, which starts Oct 17, 2024 |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2025 | $0.1200 |
What's inside
As of Jun 30, 2026, the fund held 45 securities; the ten largest made up 36.23% of assets. It also reported 3.68% in a money-market fund, most likely cash collateral from lending out shares rather than uninvested money.
| Holding | Weight | |
|---|---|---|
| Micron Technology Inc | 4.34% | |
| SK hynix Inc | 4.06% | |
| MediaTek Inc | 4.00% | |
| Marvell Technology Inc | 3.83% | |
| Advanced Micro Devices Inc | 3.68% | |
| Nebius Group NV | 3.50% | |
| Dell Technologies Inc | 3.41% | |
| Cambricon Technologies Corp Lt | 3.32% | |
| Seagate Technology Holdings PL | 3.10% | |
| Western Digital Corp | 2.98% | |
| Datadog Inc | 2.98% | |
| Hewlett Packard Enterprise Co | 2.53% | |
| Samsung Electronics Co Ltd | 2.42% | |
| DigitalOcean Holdings Inc | 2.40% | |
| Snowflake Inc | 2.31% |
By country
United States 68.42%Taiwan 9.45%South Korea 6.48%Netherlands 5.52%China 3.32%By asset type
Stocks 99.58%By sector
Sectors of the companies held, for the 47.5% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jun 30, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jun 30, 2026, investors added a net $68.7M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +29.86%, +28.93%, +0.71%.
How it works
AIVC is a passive index fund. Amplify Investments is the adviser, Penserra Capital Management is the sub-adviser, and Bloomberg Index Services Limited builds the index. The fund does not try to beat the index or move into cash when markets fall. It normally invests at least 80% of its net assets in the index's stocks, in about the same proportions as the index (called replication). It may hold a representative sample instead when some stocks are hard or costly to buy.
The index starts with global stocks that have at least $500 million in free-float market value (shares available to the public) and trade at least $5 million a day on average over 90 days. Bloomberg Intelligence sorts eligible companies into three groups: Cloud, AI Hardware and AI Semiconductors. Each company must rank in the "gold" tier, meaning its revenue and business are closely tied to the theme. The 15 largest companies in each group get in, for up to 45 stocks.
Every stock gets an equal weight. The index is rebalanced and reconstituted quarterly, in January, April, July and October, so winners are trimmed and laggards topped up. This helps explain the fund's 129% portfolio turnover, a measure of how much of the portfolio is traded in a year. The fund is non-diversified, meaning it can hold larger stakes in fewer companies, and it leans heavily on technology.
What it really costs
- AIVC charges 0.59% a year, versus an average of 0.58% for the similar funds below (5th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $60 in the first year and $738 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| AIVC | $60 | $189 | $329 | $738 |
In a retirement portfolio
Its narrow AI theme, equal-weighted mix of about 45 tech stocks and history of steep annual losses make it a small add-on, not a foundation.
AIVC is a concentrated bet on AI chips, hardware and cloud companies. It could add growth potential, but it can also lose a lot. According to its prospectus, it lost 38.47% in 2022 and 17.95% in 2018. In early 2020 it fell 25.65% in one quarter, then rose 46.1% the next. It launched in 2016, so it has no record from 2008. From February 18 to April 8, 2025, it dropped 32.6%, and it took about 2.8 months to recover. Someone who has to sell shares during a slump like that could lock in the loss. Income is minimal: the yield was 0.11% as of October 27, 2026, paid once a year. In the SEC's standard example, the 0.59% expense ratio costs $738 over 10 years on a $10,000 investment. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting a small, equal-weighted slice of AI chip, hardware and cloud stocks, with no single holding much above 4%.
- People comfortable with steep swings, such as a 38.47% loss in 2022 and a 25.65% drop in one quarter of 2020.
- Investors wanting global AI exposure, including SK hynix, MediaTek and Samsung, with about a third of assets outside the US as of June 30, 2026.
Look elsewhere if
- Income seekers: the yield was just 0.11% as of October 27, 2026, paid once a year.
- Cost-focused investors: ARTY (0.47%) and WTAI (0.45%) charge less than AIVC's 0.59% and hold many of the same stocks.
- Anyone who may need to sell in a downturn, or who prefers a larger fund than AIVC's $126.5 million as of June 30, 2026.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| AIVC this fund | — | 0.59% | $126.5M | +53.6% | — |
| CHAT Roundhill Generative AI & Technology ETF | 45% | 0.75% | $1.78B | +24.9% | +48.7% |
| ARTY iShares Future AI & Tech ETF | 41% | 0.47% | $3.93B | +43.4% | — |
| IGPT Invesco AI and Next Gen Software ETF | 37% | 0.58% | $1.11B | +49.3% | +43.8% |
| WTAI WisdomTree Artificial Intelligence and Inno… | 34% | 0.45% | $669.5M | +24.9% | +35.1% |
| TEK iShares Technology Opportunities Active ETF | 33% | 0.75% | $39.3M | +16.7% | — |
| AIQ Global X Artificial Intelligence & Technolo… | 32% | 0.68% | $10.17B | +20.0% | +35.5% |
| BUZZ VanEck Social Sentiment ETF | 29% | 0.76% | $104.5M | -8.3% | +36.3% |
Questions investors ask
Is AIVC good for retirement?
AIVC is built for growth, not stability or income, so in a retirement portfolio it usually plays only a small role. It holds about 45 AI chip, hardware and cloud stocks, and it fell 38.47% in 2022. Its yield was 0.11% as of October 27, 2026. Gains have also been large: the price rose 60.3% in 2026 through October 27. Past results don't predict future returns, so it's worth weighing how much of a drop you could live through.
Does AIVC pay a dividend?
Yes, but very little. AIVC pays once a year. Its trailing 12-month yield was 0.11% as of October 27, 2026, or about $0.12 per share. The fund holds growth-focused technology companies such as Micron, AMD and Marvell, and companies like these tend to put their cash back into the business rather than pay large dividends. Investors who want steady income will likely find this fund pays too little to matter.
What stocks are in AIVC?
As of June 30, 2026, AIVC held 45 stocks. The largest were Micron Technology (4.3%), SK hynix (4.1%), MediaTek (4.0%), Marvell Technology (3.8%) and Advanced Micro Devices (3.7%). The top 10 made up 36.2% of assets. About 68% was in US companies. Taiwan, South Korea, the Netherlands, China and Japan made up most of the rest. Because the index gives every stock an equal weight, no single holding dominates.
What's the difference between AIVC and CHAT?
Both are AI-focused ETFs, and about 45% of their holdings overlap, based on the latest N-PORT reports. AIVC costs less: 0.59% a year, compared with 0.75% for Roundhill Generative AI & Technology ETF (CHAT). CHAT is much larger, with about $1.78 billion in net assets as of July 31, 2026, compared with AIVC's $126.5 million as of June 30, 2026. In the year to October 27, 2026, AIVC returned 53.6% and CHAT returned 24.9%.
What is AIVC's expense ratio?
AIVC's expense ratio is 0.59%, according to its prospectus filed January 28, 2026. The SEC's standard example assumes $10,000 invested with a 5% yearly return. On that basis, you would pay about $60 in fees over one year, $329 over five years and $738 over 10 years. That's close to the 0.58% average for similar AI funds. ARTY charges less at 0.47%, and AIQ charges more at 0.68%.